Senior Accountant – Regulatory Accounting

Southern CompanyAtlanta, GA
Hybrid

About The Position

The position is in the Integrated Transmission System Department (ITS), a part of the Georgia Power Company (GPC) Regulatory Accounting Organization. The ITS accounting department ensures that the associated costs of using, operating and maintaining the system are shared fairly amongst the transmission owners in the state. This position is part of a collaborative team, executing the accounting and billing of the various ITS contracts and ensuring compliance with GAAP, SEC, FERC, and GPSC requirements. The position will also support billing and other accounting activities related to the Open Access Transmission Tariff (OATT). The position will be: filled at a level dependent on the skills and experience of the individual selected expected to perform detailed analytical and investigative work to ensure compliance with the ITS contracts, procedures, and agreements expected to improve the efficiency and accuracy of current processes hybrid, working both remotely and at the GPC Office in Atlanta The person in this position will work directly with various departments within Georgia Power Accounting Finance and Treasury, GPC Transmission, and external ITS Owner personnel.

Requirements

  • Bachelor’s degree in accounting or a related field is required
  • Minimum of 5 years of utility accounting experience is required
  • Experience with Oracle Financials is required
  • Knowledge of FERC System of Accounts and utility rate making concepts
  • Comfortable making decisions and expressing opinions
  • Strong analytical and organizational skills with the ability to manage multiple assignments simultaneously and meet deadlines
  • Strong oral and written communication skills with the ability to communicate meaningful information concisely
  • Ability to communicate accounting concepts and analysis to non-financial employees
  • Identifies problems and information gaps and produces meaningful information for decision-making
  • Exhibits an exceptional degree of technical expertise, creativity, and resourcefulness with an ability to streamline and make current processes more efficient with the use of technology
  • Acts independently to uncover and resolve complex issues
  • Understands financial statement impacts of accounting transactions
  • Candidate must demonstrate behaviors consistent with Our Values Safety First Intentional Inclusion Act with Integrity Superior Performance
  • Comfortable working in a team environment
  • Positive attitude, respects others and their opinions
  • Possesses good interpersonal skills
  • Exhibits a high degree of initiative and takes personal responsibility for assignments to ensure client needs are fully met
  • Flexible and comfortable with ongoing change
  • Extended hours - occasionally
  • Weekend work - limited
  • Travel - limited

Nice To Haves

  • Advanced degree in accounting or a related field is a plus
  • CPA license (or equivalent) is a plus
  • Advanced excel capability preferred
  • Accounting information systems experience is a plus
  • PowerPlan property module experience is a plus
  • Transmission experience is a plus
  • Auditing experience is a plus
  • Experience with the GA ITS or a regional transmission organization is a plus
  • Experience with the open access transmission tariff is a plus

Responsibilities

  • ITS Parity – Transmission facility rental payments between ITS owners balancing system usage and ownership
  • ITS Shareable Billing – ITS system O&M cost recovery
  • ITS Spare Equipment Billing – carrying cost recovery, sales, and purchases of pooled assets
  • ITS Asset Sales & Purchases between GPC and other ITS owners
  • ITS Investment – Maintain ITS asset investment records
  • ITS Investment Audits - Review the investment submissions of other ITS owners
  • Budgeting & Forecasting
  • Monthly meetings and communications with ITS owners
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